Baku, Azerbaijan, Dec 30
By Emil Ilgar – Trend:
Iran’s total crude oil export to Turkey reached 5.062 million tons (equals 124,862 barrels per day) in 10 months of 2016, while this figure in the first half of 2016 was only 2.6 million tons, or 106,888 b/d.
In the other words, Iran’s oil export to Turkey in July-October of 2016 was 50 percent more than in January-June, the statistics of Turkey Energy Regulatory indicate.
During four months of the second half of 2016, Iran on average exported 151,823 b/d of oil to Turkey.
Before imposing sanctions against Iran, Turkey was importing about 180,000 b/d of crude oil from Iran, but the figure plunged to around 110,000 b/d during 2012-2015 due to sanctions on Iran.
The sanctions were removed in January 2016.